The company has now passed another “milestone” now that its
stock has climbed to nearly $330
a share. As a result, the company now has a market capitalization of
roughly $302 billion.

If you recall, Apple's market cap was around $222 billion in
late May of last year, putting it slightly ahead of Microsoft which was
hovering around $219 billion. Microsoft's market cap today is $240 billion.

To back up the lofty $300+ billion market cap, Forbes' Eric Savitz says that Apple is
projected to bring in revenue of $88 billion for the fiscal 2011, putting it
ahead of Microsoft's estimated $68 billion. However, Apple is still expecting
to trail behind Hewlett-Packard (est. $129 billion) and IBM (est. $99 billion)
for fiscal 2011 revenue.

With Apple expected to make a few waves in the form of new
product in the coming weeks and months, it should be interesting to see if
there is a ceiling to the stock's meteoric rise.

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